- Next game trailer. It's a racer from Evolution Studios (of MotorStorm fame) - Drive Club. 'The game we've always wanted to make'. Team-based racing. Painstakingly detailed recreation of car models. And now we see some gameplay.

- Now a political broadcast on behalf of the Sony Freedom Party.

- It's actually a guy (Nate Fox?) talking about Sucker Punch's latest exclusive - Second Son - which is for the PS4. Seems to be about people who have superhuman abilities who are fighting for their freedom from oppressive government, or something along those lines (very next-gen inFAMOUS-y).

- Scratch that, it is inFAMOUS.

- Indie gaming now. Jonathan Blow (of Braid fame) is introduced. He's working on a new game - it's actually The Witness - for the PS4 (the word exclusive was used, though from the words used it suggests just timed).

- Moving on from actual game demonstrations now. David Cage is introduced. Delivers his usual shtick about storytelling and emotion in gaming.

- Cage demonstrates the character model capabilities of the PS4 with a tech demo.

- Media Molecule up next. Talking about the creative process and sculpturing and how the PS4 and Move fits into that. They demonstrated... something. It was weird.

- Third party support now. All major third parties behind the PS4, etc. etc.

- Yoshinori Ono of Capcom on stage now. I'm getting flashbacks to Konami's infamous E3 presentation right now. They've developed a new engine for PS4 (codename Panta Rhei). Trailer now, showing off a new IP - Deep Down (working title) - running on the engine.

- Square Enix next. They show off their E3 Agni tech demo. Final Fantasy title is planned.

- Blizzard's turn (...to disappoint their old fans - nope, you're still not forgiven for Diablo III Blizz!). Oh wow, it actually is Diablo III - The epic fail that is Diablo III is coming to PS3 and PS4.

- Last publisher tonight. Activision. 'Multiple launch window' titles. The one they're showcasing today is Bungie's Destiny. They're going to show gameplay. They also announce exclusive content for PS3 and PS4.

It's coming Holiday 2013.

And that's all folks. Let us know what you thought about the presentation in the comments!